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FxWirePro: Aussie marginally lower after RBA’s meeting minutes

  • AUD/NZD is currently trading around 1.0615 marks.
     
  • Pair made intraday high at 1.0625 and low at 1.0599 marks.
     
  • Intraday bias remains bullish till the time pair holds immediate support at 1.0560 marks.  
     
  • A sustained close above 1.0658 will drag the parity higher towards key resistances at 1.0751/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA) /1.1123/1.1298/1.1317 levels respectively.
     
  • Alternatively, a consistent close below 1.0560 will take the parity down towards key supports around 1.0446, 1.0333, 1.0237, 1.0184, 1.0109 and 1.0053 marks respectively.
     
  • RBA minutes: Underlying inflation expected to return to normal levels over time.
     
  • RBA minutes: Economy seen growing close to potential next few quarters, before picking up further.
     
  • RBA minutes repeats a rising A$ could complicate the economic transition.
     
  • RBA minutes: Expected jobless rate to edge down, but underemployment still elevated.
     
  • RBA minutes: Steadier china economy had reduced downside risks to global growth outlook.
     
  • RBA minutes: Risks to global inflation outlook more balanced than for some time.
  • Market Data
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